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Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $ 15,600 $ 15,600 1 6,740 7,350 2 7,320 7,700

Consider the following two mutually exclusive projects:

Year Cash Flow (X) Cash Flow (Y)
0 $ 15,600 $ 15,600
1 6,740 7,350
2 7,320 7,700
3 4,840 3,690

What is the IRR of Project X?

What is the IRR of Project Y?

What is the crossover rate for these two projects?

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